Sancho Bar y Tapas

Rua Augusta, 1415 - Consolação - (11) 3141 - 1956
http://www.sanchobarytapas.com.br/

This place is on my top 10 list.
Food is tasty and what I like best: you can see the tapas before you order them, right at the balcony!
They have red and white wine sangria, papas diabolicas and really good churros con chocolate.
Cocido is not on the menu, but it´s also on the balcony - really good!
It´s Augusta, so you can see people from all different styles! Young and old, suited or loose. 2 blocks away from Av. Paulista!
Try to arrive early, it opens at 5; but after 9 its crowded!

Alma Maria

R. Oscar Freire, 439 - Jardim Paulista - (11) 3064-0047
http://www.almamaria.com.br/

This is one of the best addresses in Sao Paulo, and it´s not known by being cheap...

Food is really good, and Spanish food is on my top favorites.

I had a tomato soup, really close to a Gaspacho, and REALLY tasty!!

Even though they do have Spanish beer, I suggest the Brazilian draft beer Badden Badden.